At Westonci.ca, we make it easy for you to get the answers you need from a community of knowledgeable individuals. Explore a wealth of knowledge from professionals across different disciplines on our comprehensive platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

What is the assessed valuation of a house with a $152,740 market value and a 60 percent assessment rate?
O $254,567
O $244,384
$91,644
O $61,096


Sagot :

Answer:

$254,567

Step-by-step explanation:

The houses market value is $152,740 and has a 60% assessment rate, the assessed valuation of this house would be $254,567. How we got this was by dividing the house total which is $152,740 by the assessment percentage rate which is 60 percent. Simply $152,740÷0.60